So what’s in store for the Seattle housing market in 2007? Everyone’s got an opinion, and yours truly is no exception. But before I get into my guesses, let’s review the predictions of local “experts” that have been trumpeted in the media in the last few weeks. From a December 22nd P-I article: “I think…
Tag: Rhodes
Lending News: Washington State Cracks Down?
A pair of articles printed Saturday in the Seattle Times show some slight tightening of lending practices in our state. Nineteen states, including Washington, and the District of Columbia have moved quickly to warn state-regulated lenders about the hazards to consumers from nontraditional mortgages. Tens of thousands of state-licensed lenders and mortgage brokers are affected…
December Reporting Roundup
After just nine months of increasing YOY home inventory and fourteen months of declining YOY home sales, the local media has apparently taken notice. Even Elizabeth Rhodes at the Seattle Times can’t ignore the slowing trend: In fact, buyers weren’t racing to make offers anywhere in the central Puget Sound area last month, according to…
Optimism on the Menu for 2007
In addition to the standard E. Rhodes fluff piece that Synthetik posted about on Sunday, there were a couple other articles posted over the weekend that conveyed a general sense of optimism about Seattle’s housing market in the coming year. Here are a few choice quotes from Mike Benbow’s article in the Everett Herald titled…
Always Trust The ‘Experts’
What’s the point about worrying about global warming when we’re getting all this hot air from Elizabeth Rhodes? Please enjoy this year end feel good article about our robust housing market here in Rain City. One of this year’s biggest residential real-estate topics was the anticipated slowdown in sales and appreciation. Would the Puget Sound…